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With less than a foot of rainfall each year, the Mojave Desert is not an obvious place to look for water. Reed Watson explores an innovative proposal to pump groundwater from the Mojave and move it to nearby Southern California municipalities.

Water markets are a win-win. The Scott River Water Trust in Siskiyou County pays farmers to leave water instream for salmon and steelhead. This case study looks at how low-volume, low-cost water leases support agricultural communities and municipal development while also enhancing environmental...

The Habitat Farming Enterprise Program may be able to restore three endangered and threatened fish species to the Columbia River where millions of dollars from government agencies and conservation groups have failed.

Founded 30 years ago in Bozeman, Montana, PERC—the Property and Environment Research Center—is the nation’s oldest and largest institute dedicated to improving environmental quality through property rights and markets.

The goal of PERC’s programs is to fully realize the vision of establishing “PERC University,” where scholars, students, policy makers, and others convene to expand the applications of free market environmentalism.

PERC's fellowships share a common goal of exposing new scholars, students, journalists, and policy makers to free market environmentalism, as well as enable scholars already familiar with FME to explore new applications.